Hon Hai Precision Industry Co., Ltd. Sponsored GDR (OTCMKTS:HNHPF) Short Interest Up 787.9% in January

Hon Hai Precision Industry Co., Ltd. Sponsored GDR (OTCMKTS:HNHPF) was the recipient of a significant increase in short interest in January. As of January 30th, there was short interest totaling 100,914 shares, an increase of 787.9% from the January 15th total of 11,366 shares. Based on an average daily volume of 102,662 shares, the days-to-cover ratio is currently 1.0 days. Based on an average daily volume of 102,662 shares, the days-to-cover ratio is currently 1.0 days.

Hon Hai Precision Industry Co., Ltd. Sponsored GDR Price Performance

OTCMKTS HNHPF traded down $0.04 during trading hours on Thursday, hitting $14.61. The company’s stock had a trading volume of 20,537 shares, compared to its average volume of 43,002. Hon Hai Precision Industry Co., Ltd. Sponsored GDR has a 12 month low of $6.75 and a 12 month high of $17.50. The company’s 50 day simple moving average is $14.38 and its two-hundred day simple moving average is $14.34.

Hon Hai Precision Industry Co., Ltd. Sponsored GDR Company Profile

Hon Hai Precision Industry Co, Ltd., commonly known as Foxconn, is a leading global electronics contract manufacturer and technology solutions provider. The company specializes in the design, development and assembly of a wide range of electronic products, including smartphones, tablets, personal computers, servers and networking equipment. Alongside its core manufacturing services, Hon Hai offers turnkey production capabilities, encompassing engineering, supply chain management and after-sales support for original equipment manufacturers (OEMs) and brand owners.

Founded in 1974 by Terry Gou and headquartered in Tucheng District, New Taipei City, Taiwan, Hon Hai has grown from a single factory operation into one of the world’s largest private employers.